# Honda Motor will slash petrol car production in China by shutting down one of its joint venture plants.

*aerospace · news · 2026-04-17 · MarketScreener*

## Key points

- Honda will shut down a Guangzhou petrol car plant in China in June 2024.
- Honda may close its Dongfeng joint venture petrol car plant in China next year.
- Closure of both plants would halve Honda's China petrol car production capacity from 960,000 to 480,000 cars annually.
- Honda expects its first annual loss in nearly 70 years due to $15.7 billion in restructuring costs.

**Companies:** Honda Motor
**Countries:** Japan, China

[Read the full story on MarketScreener](https://www.marketscreener.com/news/honda-to-shut-down-at-least-one-joint-venture-car-plant-in-china-sources-say-ce7e50d2da8bf720)

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